Stepping stone or stumbling block?

The difference between a stepping stone and a stumbling block is dependent on preparation and attitude.

During recessions prepared, optimistic people (think J. Paul Getty, Steve Jobs) buy assets on the cheap as springboards for future growth.

Unprepared, pessimistic people sell assets during a recession (remember how many people emptied a 401k in 2008 and 2009?)

Worse, they may acquire additional debt during down times.

When a stumbling block threatens your financial well being, consider using it as a stepping stone to prosperity.

(Photo courtesy Wikipedia)